The European business community believes that safeguarding and strengthening the euro is fundamental to the future economic prosperity and social cohesion of our continent. Therefore, the euro area leaders need to give greater urgency to decisive actions which can safeguard the European currency. "Collapse of the euro would actually mean the end of the European Union" - said Henryka Bochniarz, President of PKPP Lewiatan.
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Without euro there will be no united strong Europe
2011-12-15
The European business community also suggests clear and proportionate bank resolution rules as well as implementation of the six legislative agreements on economic governance. Among others they mean early prevention, greater surveillance of fiscal and macroeconomic imbalances, and a more automatic decision-making process in the Council.
The process of strengthening the economic union requires further reforms. The entrepreneurs were happy to welcome the Commission's recent proposal to improve budgetary surveillance. In particular, independent fiscal councils and independent macroeconomic forecasts can enhance national debate and the credibility of government budgetary plans. Voting rules should be strengthened to make it tougher for the Council to overrule the Commission's recommendations.
In respect to all new proposals, non euro area members should have the option to apply the same rules as euro members, on a voluntary basis as in the case of the Euro Plus Pact.
The entrepreneurs believe that Eurobonds are not a means to solve the current problems but, a long-term refinance tool of the European Monetary Fund which is based on broadened budget union in the euro area.
To boost growth and competitiveness of the EU we also need to complete the single market.
PKPP Lewiatan (Polish Confederation of Private Employers Lewiatan)
The process of strengthening the economic union requires further reforms. The entrepreneurs were happy to welcome the Commission's recent proposal to improve budgetary surveillance. In particular, independent fiscal councils and independent macroeconomic forecasts can enhance national debate and the credibility of government budgetary plans. Voting rules should be strengthened to make it tougher for the Council to overrule the Commission's recommendations.
In respect to all new proposals, non euro area members should have the option to apply the same rules as euro members, on a voluntary basis as in the case of the Euro Plus Pact.
The entrepreneurs believe that Eurobonds are not a means to solve the current problems but, a long-term refinance tool of the European Monetary Fund which is based on broadened budget union in the euro area.
To boost growth and competitiveness of the EU we also need to complete the single market.
PKPP Lewiatan (Polish Confederation of Private Employers Lewiatan)
